Baltic index falls on lower capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday as capesize rates slumped. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 74 points, or 3.6%, at 1,970 points. The capesize index lost 236 points, or 5.8%, …

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